The Netherlands international has a contract with the Bavarians until the summer of 2015, and the German outfit have no intention to cash in on him before his deal expires or let him leave the club on a Bosman move.
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"Arjen Robben is one of the best players ever to have worn the Bayern Munich jersey, and that's why he will remain here forever," Hoeness told AZ.
"He has put in some incredible performances for Bayern over the years. He single-handedly helped us to the next round in the Champions League quarter and semi-finals in 2010."
The 28-year-old attacker is currently recovering from injury, and could make his comeback in this weekend's Bundesliga match versus Fortuna Dusseldorf.